News about Korean new media such as Internet and mobile tech but also on conventional media such as TV, radio, film and newspapers. Purpose of this blog is to function as reference material for a research project (2006-2009) on Korean media and new media, a part of the OED research group and funded by HS Foundation (see: Affiliations). Special thanks to research assistant Katja Heinonen who took care of the blog in 2007-2008.

Tuesday, December 18, 2007

SK C&C, Korea’s third-largest IT service provider, said Thursday (Nov. 29) that it has opened a wholly owned subsidiary in India in an attempt to expand its presence there and secure a bridge for its advance into overseas markets.

The company said in a statement that it invested initial capital of $332,000 in the subsidiary named SK C&C India, which it said will mainly lead efforts to take over IT companies in India.

This is the second overseas subsidiary for SK C&C. It opened one in China last June.